Synaptic724

OKTA Put Spread

Short
Synaptic724 Updated   
NASDAQ:OKTA   Okta, Inc.
OKTA Put Spread Jan 17 Exp Spread is 115/110,

2.05 Cost, Max gain is $100, max loss is the same if it moves higher to 122, it looks to be moving into a deeper correction into support with ER being mediocre.

$3.05 exit price.

Delta risk is (0.45) Low odds by delta but it looks like a good trade.

Order cancelled:
cancelled $20 loss, closed all trades until new year
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